secwatch.observer — SEC 8-K summary
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Issuer:     Fifth District Bancorp, Inc. (FDSB)
CIK:        0002012726
Form:       8-K
Filed at:   2025-07-16T23:59:59+00:00
Accession:  0001558370-25-009263
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fifth District Bancorp boosts CFO Melissa Burns' annual retirement benefit to $94,000
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- Amendment dated July 14, 2025 raises retirement benefit from $80,316 to $94,000 per year.
- Benefit payable upon separation at or after age 65; monthly payment of $7,833.33 for 180 months.
- CFO Melissa Burns is the executive covered; bank subsidiary Fifth District Savings Bank is party.
- Agreement originally adopted Feb 29, 2024; this is the first amendment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2012726/000155837025009263/0001558370-25-009263-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2012726/000155837025009263/fdsb-20250714x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009263

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer